berkek

USDTRY issued a 3000 pip monster sell bar. Looking to retest support at 4.52.

Mid Term trend has reversed today as last week's inside day is invalidated on a daily basis. 10Y Turkish Bonds also lowered today confirming the direction the trend. Also Turkish Central Bank was a net seller at 5.4 with 800K+ contracts in futures market. 4.52 target is still on cards unless price reverses sharply above trendline.

Supply side of the market is quite strong. Both red lines are critical levels of WTI and price may either bounce from the trendline or dips towards 48$. We don't know anything yet so too soon to talk about. But watching it quite closely.

It looks like a sell signal to me.

A massive intraday sell signal is spotted on Silver (cash). RR for this trade is enormous.

What a bottom.

08 Feb 2018

Market was not strong enough to break and advance through resistance in it's 1st attempt. This could be a major high OR at least for a good opportunity to trade with the long term trend.

The intraday gap in Treasuries signals that yields are about to rally.

I was wrong about BTC for sometime... But a stopped clock is right twice a day. Let's ride till then.

A monster breakout on a weekly basis. This pair closed above 3.5517 on a monthly basis. (Previous close on 2 months basis, suggesting bullish trend is intact)

Pair just retesting the breakout of a yearly support and closed a false break on 12H TF.

Gold has found resistance at it's quarterly level once again and we are considering to go short after the close of September. A short signal has to be generated to support our trading idea in early October.

We believe market is at the very top and big money can not afford to hold for long due to swap cost. There is a good probability for a mean reversion (not a reversal). Will change views if pair closes above 3.6475 on a weekly closing basis.

An interesting setup emerges in the pair. Looking to buy the breakout retest.

A good RR trade

Waiting patiently to buy from Yearly S1

Very good entry point for short sellers.